Netflix is acquiring HBO Max. This is one of the consequences of Netflix's takeover of Warner Bros. Discovery. Netflix is buying the TV and film studios and the streaming platform HBO Max from Warner Bros. Discovery. What impact this will have on the sports broadcasts available on HBO Max, including a lot of cycling coverage, is not yet known.
The takeover of the studios and HBO Max reportedly involves around 70 billion euros. With HBO Max, Netflix gains various hit series and films, such as Game of Thrones and the Harry Potter franchise. According to Warner Bros. Discovery, Netflix customers will thus gain access to HBO titles.
The acquisition still needs to be approved by regulators in the United States. Netflix expects that it may take about a year before the deal is finalized.
Collaboration between HBO Max and Eurosport
HBO Max also streams a lot of live sports on its platform, including the exclusive rights to the Giro d'Italia, major cycling tours such as the Tour de France and Vuelta a España, as well as numerous classics.
HBO Max was part of Warner Bros. Discovery and had a partnership with the TV channels of Eurosport, which is also under Warner Bros. Discovery. The impact of this takeover by Netflix on sports broadcasters and the live coverage of various sports is still unclear.
